China and the United States seek a more stable relationship after Xi-Trump summit

Chinese President Xi Jinping praised what he described as a “new positioning” in relations between China and the United States following a high-level meeting with U.S. President Donald Trump in Beijing. According to statements released after the summit, both leaders expressed support for maintaining a constructive and strategically......

Mazda delays in-house EV launch to 2029 and cuts investment

Mazda has postponed the launch of its first dedicated battery electric vehicle to 2029 at the earliest and sharply reduced its electrification spending, signaling a strategic shift toward hybrid models as near-term demand for full electric vehicles weakens in several markets. The Japanese automaker confirmed the decision alongside its latest......

Trump arrives in Beijing for high stakes talks with Xi

Donald Trump arrived in Beijing on Wednesday for a state visit centered on tense economic and geopolitical negotiations with Chinese leader Xi Jinping. The visit brings together senior US officials and a large delegation of corporate leaders, with Washington seeking expanded access for American firms in the Chinese market and Beijing pressing......

US and China oppose Iranian transit fees in Strait of Hormuz

The United States and China have reached a rare point of diplomatic alignment by opposing Iran’s proposed transit charges for ships crossing the Strait of Hormuz. The position was confirmed by the US State Department ahead of a summit between President Donald Trump and Chinese President Xi Jinping, signaling limited but notable cooperation......

Iran conflict accelerates residential solar boom across Asia

Rising fuel prices linked to the conflict involving Iran are driving a sharp increase in residential solar adoption across Asia, as households seek protection from mounting energy costs and supply instability. The shift is particularly visible in countries heavily dependent on imported fossil fuels, where consumers are turning to rooftop solar......

Alibaba revenue rises on strong cloud computing and e-commerce growth

Alibaba Group reported a rise in quarterly revenue, driven by strong performance in its cloud computing and artificial intelligence divisions, alongside steady growth in its e-commerce operations. The Chinese technology giant posted a 3% increase in revenue for the fourth quarter, supported by expanding demand for digital services and improved......

Copper surges past 14,000 dollars as global smelting output declines

Copper prices rose sharply on Tuesday, briefly crossing 14,000 dollars per metric ton on the London Metal Exchange, moving close to their all-time high of 14,527.50 dollars reached on 29 January. The rally reflects tightening global supply conditions driven by geopolitical tensions, stronger demand from China, and a marked slowdown in global......

Alibaba misses revenue forecasts as AI spending weighs profits

Alibaba reported fourth-quarter revenue of 243.38 billion yuan for fiscal year 2026, marking a 3 percent year-on-year increase but falling short of market expectations of around 246.5 billion yuan. The result highlights continued pressure from heavy investment in artificial intelligence infrastructure and rapid commerce expansion, which is......

Beijing welcomes Donald Trump’s upcoming visit and calls for stronger cooperation

China has officially welcomed the upcoming state visit of former U.S. President Donald Trump to Beijing, signaling a willingness to strengthen diplomatic and economic cooperation between the two global powers. Chinese officials stated that the visit is seen as an opportunity to improve bilateral relations and promote greater stability in......

BYD in talks to expand in Europe through potential factory acquisitions

BYD Company Limited is reportedly in discussions with European automakers, including Stellantis N.V., over the possible acquisition or use of underutilized production facilities in Europe, according to industry reports. The Chinese electric vehicle giant is seeking to expand its presence in the European market as competition intensifies in......

Taiwan ruling party nominates sanctioned lawmaker for Taipei mayoral race

Taiwan’s ruling Democratic Progressive Party (DPP) has officially nominated lawmaker Puma Shen as its candidate for the upcoming Taipei mayoral election, marking a significant political move ahead of key local polls. The decision comes in a sensitive geopolitical context, as China has previously imposed sanctions on Shen, accusing him......

Sami Yusuf to perform two spiritual concerts at Fès festival

Sami Yusuf will return to the Fès Festival of World Sacred Music for two performances scheduled on June 6 and 7, 2026, at the historic Bab Makina. The concerts will headline the 29th edition of the festival and mark the first time the artist performs twice during the same edition. Organizers expect strong attendance as the singer remains......

Kuwait accuses Iran of failed commando raid near Chinese funded port

Kuwait accused Iran on Tuesday of sending an armed unit linked to the Islamic Revolutionary Guard Corps to infiltrate Bubiyan Island, home to a major Chinese backed port project in the northern Gulf. The alleged operation marks a new escalation in regional tensions as US President Donald Trump departed Washington for a state visit to China. Kuwaiti......

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